Commercial Earthquake Insurance

Commercial Earthquake Insurance

Business Property Insurance excludes coverage for earthquake damage and earthquake sprinkler leakage. The only way to have protection from a loss due to an earthquake would be as an endorsement to your Business Insurance policy or have a separate earthquake insurance policy in place.

Do you need Commercial Earthquake Insurance?

If you own a business including any commercial buildings in Oregon, you need to consider purchasing earthquake insurance coverage. Nearly all business owners buy fire insurance, but the likelihood of suffering significant damage by earthquake can be far greater than that of a fire.

The following are coverage areas of Commercial Earthquake insurance that your business needs to consider:

Damage to the building

Damage to Business Personal Property

Loss of Business Income

Damage as a result of Earthquake Sprinkler Leakage

Betterment or repairs required by Ordinance or Law

Reach out to me if you’re considering Commercial Earthquake insurance. I will discuss with you how it works and assess if it fits into your risk management needs. If you determine this coverage is needed I will then provide you with comparative Commercial Earthquake insurance quotes from multiple insurance carriers so you can get the best possible rate.

As an insurance broker I help businesses throughout Oregon and the Pacific Northwest manage risk.